Merry Music Inc. and Nayda enter into a contract for Nayda to write six songs for which Merry Music agrees to pay her. Nayda transfers her right to payment under the contract to Omni Artists Agency. In the transfer of rights,Nayda is
A)a delegator.
B)an assignor.
C)an obligor.
D)a third party beneficiary.

Question

Quizplus · Accepted Answer

Nayda is transferring her right to payment to Omni Artists Agency, which makes her an assignor. An assignor is the person who transfers their rights under a contract to another person or entity. A delegator is a person who transfers their duties under a contract to another person, an obligor is someone who owes a duty to perform under a contract, and a third party beneficiary is a person who benefits from a contract but is not a party to the contract.